

Stock markets slump amid weak global cues, surging oil prices
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. At the same time, signs of fatigue in the global AI and technology rally added


Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. At the same time, signs of fatigue in the global AI and technology rally added


Stock markets slump amid weak global cues, surging oil prices
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. At the same time, signs of fatigue in the global AI and technology rally added
NNewsDrum


Stock markets slump amid weak global cues, surging oil prices
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. ... Latest News. View All · Read More. About. footer-logo. MillenniumPost is one of
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Sensex Dips 719 Points Amid Global Tensions, Oil Price ... - Rediff
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. ... More News Coverage. NiftyForeign Institutional InvestorsKospiBrentBSE Sensex
Mm.rediff.com


Stock markets slump amid weak global cues, surging oil prices
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. At the same time, signs of fatigue in the global AI and technology rally added
TThe Hindu


Sensex, Nifty fall 1% as Nasdaq correction, West Asia tensions rattle
Ponmudi R, CEO of Enrich Money, also noted that signs of fatigue in the global AI and technology rally added to investor caution, while India VIX surged
BBusinessLine


Stock markets slump amid weak global cues, surging oil prices
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. ... Sen Times Group Pvt Ltd, is an independent online news organization dedicated to
TThe Sen Times


Sensex tanks 719 points as global cues, surging oil prices weigh on
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. ... More News Coverage. NiftyForeign Institutional InvestorsKospiBrentBSE Sensex
RRediff


Stock Market Crash: Sensex Down 820 Points, Nifty Falls Below
LATEST NEWSINDIAWORLDENTERTAINMENTLIFESTYLEBUSINESSEDUCATIONCRICKETTECH ... Ponmudi R, CEO of Enrich Money. Stronger US Job Data. The decline in U.S
TThe Daily Jagran


Gold falls below Rs 1.53 lakh per 10 grams on MCX after Iran, Israel
Ponmudi R, CEO of Enrich Money. Check Gold, Silver Prices In Major Cities. Gold price in Delhi. In Delhi, the 24-carat gold price was quoted at Rs 1,51,840
IIndia TV News
Pre-Market Outlook
08:40 AM
Indian markets are poised to begin the week on a cautious footing as renewed hostilities between Iran and Israel undermine hopes of a lasting ceasefire and rekindle geopolitical concerns across global markets. The latest escalation has dampened investor confidence, reinforcing a risk-off mood and keeping market participants focused on developments in the Middle East.
Crude oil prices surged more than 2% at the open amid fears of potential supply disruptions, with crude oil currently trading in the $92–93 per barrel range. The renewed volatility in energy markets poses additional challenges for India's inflation outlook and import bill, adding to broader macroeconomic concerns.
Global market cues remain weak. U.S. stock futures declined following a sharp selloff in technology stocks, while Asian markets witnessed significant weakness, with the Nikkei falling nearly 4% and the KOSPI declining more than 8%. The broad-based weakness across global equities is expected to weigh on domestic market sentiment at the opening bell.
Foreign Institutional Investors (FIIs) continue to remain net sellers, with persistent outflows acting as a key headwind for Indian equities and limiting the scope for a sustained recovery.
Overall, market sentiment remains cautious to negative in the near term. Escalating tensions between Iran and Israel, rising crude oil prices, continued FII selling, and weak global market performance are likely to keep volatility elevated. Any further deterioration in geopolitical conditions could intensify selling pressure, while signs of de-escalation may provide support for a gradual recovery in risk assets.
Technical view
Nifty 50
Nifty 50 continues to trade with a cautious undertone as the index remains confined within a broad consolidation range and struggles to sustain momentum above key resistance levels. From a technical perspective, the 23,450–23,550 zone continues to act as a key immediate resistance area. A sustained breakout above this range would be required to improve sentiment and could pave the way for a recovery towards the 23,750–23,800 levels.
On the downside, the 23,250–23,150 region remains a critical support zone. Holding above this range will be essential to preserve the current recovery structure. However, a decisive break below 23,150 could intensify selling pressure and expose the index to further downside towards the 23,000–22,900 zone. Momentum indicators remain subdued, with the RSI hovering around the 40 mark, indicating weak underlying strength. Overall, the near-term technical structure remains cautious. A decisive move above the immediate resistance zone will be necessary to establish stronger bullish momentum and improve the broader market outlook, while a sustained breach below the 23,000 level could weaken the technical structure further and increase downside risks.
Bank Nifty
Bank Nifty continues to trade with a cautious bias as the index remains below key resistance levels. From a technical perspective, immediate resistance is placed in the 54,800–55,000 zone. A sustained move above this range would strengthen bullish momentum and could pave the way for a further advance towards the 55,400–55,600 region, which remains a key resistance area in the near term.
On the downside, immediate support is seen at 54,000–53,800. Holding above this zone will be crucial to maintain the current recovery structure. However, a decisive break below this range could trigger renewed weakness and drag the index towards the 53,600 level. Overall, the near-term outlook remains cautious, with a sustained breakout above the immediate resistance zone required to confirm stronger bullish momentum.
Ponmudi R, CEO - Enrich Money
NIFTY50
BANK NIFTY

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